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Moderate rebound in German industry orders points to slow recovery

BERLIN (Reuters) – Orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous month, data showed on Monday, as demand picked up after lockdown measures to fight the coronavirus were lift... More »

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BOC Aviation cancels 30 Boeing 737 MAX but backs grounded jet

(Reuters) – Aircraft leasing company BOC Aviation (2588.HK) said on Tuesday it had cancelled an order for 30 Boeing (BA.N) 737 MAX planes although its chief executive remained confident in the jet which has been grounded for more than a year. The lessor, which... More »

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Musk suggests Tesla has 200,000 orders for Cybertruck

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk indicated in a tweet on Sunday that the electric carmaker received 200,000 orders for its electric pickup truck within three days of its launch. Musk, who has been regularly tweeting about the Cy... More »

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Elon Musk: About 150,000 orders thus far for Tesla Cybertruck

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Saturday that there have been about 150,000 orders thus far for the electric carmaker’s Cybertruck, which was unveiled late on Thursday. “146k Cybertruck orders so far, with 42% choosing dual, 41... More »

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Japan’s machinery orders weaken as trade war hits spending plans

TOKYO (Reuters) – Japan’s machinery orders fell in January at the fastest pace in four months as the U.S.-China tariff war hit global trade, knocking demand from the country’s auto and telecommunications equipment manufacturing sectors lower. The 5.4 percent d... More »

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Weak foreign demand pushes down German industrial orders

BERLIN (Reuters) – German industrial orders unexpectedly dropped for the third month running in March due to weak foreign demand, data showed on Monday, suggesting factories in Europe’s largest economy are shifting into a lower gear. Contracts for German goods... More »

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Airbus wins 2017 order race after last-minute sales spree

The logo of Airbus is pictured at the company’s headquarters in Colomiers near Toulouse, France, October 19, 2017. REUTERS/Regis Duvignau PARIS (Reuters) – Frenetic selling in the closing weeks of 2017 saw Airbus (AIR.PA) overhaul Boeing’s (BA.N) recent lead i... More »

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Airbus aims to seize jet production crown from Boeing in 2020

FILE PHOTO: An Airbus logo is pictured during the delivery of the new Airbus A380 aircraft to Singapore Airlines at the French headquarters of aircraft company Airbus in Colomiers near Toulouse, France, December 13, 2017. REUTERS/Regis Duvignau PARIS (Reuters)... More »

Japan October core machinery orders rise, beating expectations

Heavy machineries are seen next to a subway train at a construction site in Tokyo, Japan, March 13, 2016. REUTERS/Yuya Shino Japan’s October core machinery orders rose for the first time in three months to beat expectations, government data showed – a tentativ... More »

Poll: Taiwan June export orders seen slipping for fifteenth month

TAIPEI Orders for Taiwan’s exports in June probably contracted for the 15th straight month, as sluggish global demand continued to hit the island’s technology products, a Reuters poll showed. Twelve economists surveyed forecast export orders would contract for... More »

Tesla says Model 3 orders top $10 billion in first 36 hours

DETROIT Tesla Motors Inc said orders for its new Model 3 electric sedan topped 253,000 in the first 36 hours — a fast start for the company’s first mass-market vehicle, which may not begin to reach customers for another 18 months or more. Tesla Chief Executive... More »

Tesla’s Musk says sedan sales strong tied to SUV launch event

NEW YORK Tesla Motors Inc (TSLA.O) saw strong orders of its Model S sedan tied to the launch of its sports utility vehicle, relieving some concerns that the larger car might siphon away sales, Chief Executive Officer Elon Musk said on Friday. Earlier this week... More »